Light S.A (LIGT3) — Capital Reinvestment Ratio
Latest as of June 2025:
1.96x
Light S.A (LIGT3) has a Capital Reinvestment Ratio of 1.96x as of June 2025, meaning it reinvests 2% of its operating cash flow (R$213.72 Million) in capital expenditures (R$419.40 Million). See cash generation quality of Light S.A to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.96x
Capex / Operating Cash Flow
Operating Cash Flow
R$213.72 Million
BRL
Capital Expenditures
R$419.40 Million
BRL
Data as of
Jun 2025
Most recent filing
Light S.A Capital Reinvestment Ratio (2003–2024)
This chart tracks Light S.A's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for Light S.A (2003–2024)
Year-by-year Capital Reinvestment Ratio for Light S.A from 2003 to 2024. For live market cap and broader valuation context, see Light S.A market capitalisation.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.45x | R$2.15 Billion | R$967.05 Million | ▼ -18.8% |
| 2023 | 0.55x | R$1.40 Billion | R$773.14 Million | ▼ -92.4% |
| 2022 | 7.32x | R$200.76 Million | R$1.47 Billion | ▲ +1664.7% |
| 2020 | 0.42x | R$2.33 Billion | R$968.48 Million | ▼ -78.0% |
| 2019 | 1.88x | R$451.55 Million | R$849.92 Million | ▼ -89.7% |
| 2018 | 18.29x | R$41.49 Million | R$758.65 Million | ▼ -27.7% |
| 2017 | 25.29x | R$25.75 Million | R$651.20 Million | ▲ +6852.3% |
| 2016 | 0.36x | R$1.14 Billion | R$415.76 Million | ▼ -59.7% |
| 2015 | 0.90x | R$979.48 Million | R$883.24 Million | ▼ -36.6% |
| 2014 | 1.42x | R$585.47 Million | R$832.88 Million | ▲ +143.2% |
| 2013 | 0.58x | R$1.42 Billion | R$830.17 Million | ▼ -60.6% |
| 2012 | 1.48x | R$541.16 Million | R$803.26 Million | ▼ -5.5% |
| 2011 | 1.57x | R$472.01 Million | R$741.63 Million | ▲ +206.3% |
| 2010 | 0.51x | R$1.23 Billion | R$632.34 Million | ▼ -2.8% |
| 2009 | 0.53x | R$1.05 Billion | R$556.85 Million | ▲ +12.3% |
| 2008 | 0.47x | R$1.31 Billion | R$615.13 Million | ▲ +47.5% |
| 2007 | 0.32x | R$1.53 Billion | R$488.09 Million | ▲ +32.5% |
| 2006 | 0.24x | R$1.30 Billion | R$312.54 Million | ▼ -70.5% |
| 2004 | 0.82x | R$375.71 Million | R$307.05 Million | ▼ -57.4% |
| 2003 | 1.92x | R$146.61 Million | R$281.16 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow